GOVERNMENT, through Apple Bridge Investment - a special purpose vehicle established to facilitate chrome ore exports - has set prices at which it will buy the mineral from local producers.

The producers in India show a reluctance to reduce prices because the producers suffer from the money-losing production and the rupee becomes strong against US dollar, and there has been no price movement since the middle of September.

Weekly Stock of Chrome Ore in China's Main Ports (02-Oct-15)

[Ferro-Alloys.com] The total import volume from January to August of 2015 was 10,419,900 tons, down by 4% than 10,849,900 tons year on year. At present, the most import thing is to sustain the supply volume in the manganese ore market in 2015. Manganese ore tr...

Fluor Corp, the American engineering and construction conglomerate, and Finland's marine engineering stalwart Wartsila were among the latest big-name companies to invest in Zhuhai, a relatively unknown city that has become a growing magnet for foreign investme...

China’s high-carbon ferrochrome prices continued to fall in September, continuing to seek new bottom. One of China’s largest stainless steel makers cut its domestic purchasing amount of high-carbon ferrochrome duet to the surging imported ferrochrome, which ...

[Ferro-Alloys.com]The October bidding price of HBIS is RMB4900/mt, dropped by RMB200/mt month on month.

[Ferro-Alloys.com] It is reported that the biggest purchaser in north of China, Hebei Iron and Steel Group already knocked down October purchase on high carbon ferromanganese 65. The bidding price was dropped to RMB3,900/mt from RMB4,150/mt, with a decreasing ...